Your rent

We are responsible for calculating your rent. Your rent is based on the value of your home, the average income for the area and is set in accordance with government guidelines. The higher the value of your property, the higher the amount of rent you will pay.

To protect you from large rent increases, the government has capped the amount your rent can increase in any one year.

Rent reviews

Every year we review the rent and write to you to let you know of any changes at least four weeks before they happen. Any rent increases usually start in the first week of April.

In 2024, from 1 April, your rent will rise by 7.7 per cent. This is based on the government’s formula for setting rent which allows an increase of inflation (which was 6.7 per cent when the calculation was made), plus one per cent. This increase is in common with other London band registered housing providers.

We know that any increase in rent can be difficult, and we want to assure you that careful consideration was given to this. This year’s increase will help us ensure that we are able to continue to provide services for residents. This includes our ongoing capital work programme which will improve the safety, security and sustainability of the homes we manage.